78, GAIA LANE, LICHFIELD, WS13 7LS - £820,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

78 GAIA LANE is a very large extended detached house of 179m², built sometime between 1900 and 1929. It was last sold for £820,000 in June 2021, which was around 99% above the average June 2021 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

78 GAIA LANE Sold Prices

Land registry data shows three sales for 78 GAIA LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 78 GAIA LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 18 JUN	£820,000	£412,784	99% above HPI
2020 19 AUG	£795,000	£383,909	107% above HPI
1998 17 JUN	£257,500	£114,281	125% above HPI

78 GAIA LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 78 GAIA LANE sales between June 1998 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2020 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the June 2021 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is 78 GAIA LANE?

78 GAIA LANE is 179m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Lichfield, based on EPC data. The below chart shows the distribution of detached houses by size in Lichfield, and where 78 GAIA LANE lies on this distribution: 86% of detached houses are smaller than 78 GAIA LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lichfield.

78 GAIA LANE: Plot and Title Map

78 GAIA LANE sits on a plot of roughly 0.342 of an acre, or 1,382m². The below map shows the location of 78 GAIA LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 78 GAIA LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 78 GAIA LANE?

78 GAIA LANE is located in LICHFIELD, in the WS13 postcode district. The below map shows the position of No. 78 on GAIA LANE.